B

Baroness Kramer (LD)

Speaking in the House of Lords on 18 November 2025

Debate

Budget: Press Briefings

Contribution

My Lords, the country was led up the hill and then marched right back down again. Does the Minister recognise that this sort of kite-flying is really undermining confidence in the comments that anybody now makes from the Treasury Benches? Does he accept that, although bond yields steadied a few days after flurrying, with that flip-flop and change in policy, we still find ourselves paying over the odds for issuing gilts, largely because markets are so uncertain about the direction of public finances? Steadying and calming surely ought to be the order of the day.

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